Regional banks

BNP Paribas to relinquish majority ownership of Hawaiian bank

05/08/18

A planned stock offering by the French banking giant would lower its stake in First Hawaiian to 49.9%.

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No soft opening for Mitsubishi UFJ’s U.S. lobbying office

05/08/18

The Japanese bank, owner of Union Bank in San Francisco, has hired RBC alum Roger Blissett to raise its profile among lawmakers, oversee compliance and build deeper relationships with regulators as its recent charter switch continues to stir controversy.

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People’s United promotes commercial banking chief to president

05/04/18

The Bridgeport, Conn., company said Friday that CEO Jack Barnes has relinquished the president's title and that Jeff Tengel has moved into the role.

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Commercial loan slump chips away at bankers’ reluctance to automate

05/03/18

A bank that can deliver a loan decision a little faster, or ask a client to input information just once, could get a leg up on the competition. But some executives are skeptical of software sales pitches and fear overpaying.

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Welcome to the world, baby. Here’s $1,000 from the bank

05/03/18

Fifth Third is helping babies born in Chicago today (Get it? 5-3) save for college. It's the kind of nontraditional marketing that branding experts say more banks should experiment with.

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Associated in Wis. to buy risk management consultant

05/01/18

Anderson Insurance & Investment Agency in Minneapolis also specializes in workers' compensation services.

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Where regionals outshine big banks: The battle for cheap deposits

05/01/18

Investments in analytics and a focus on courting midsize businesses have helped regional banks add non-interest-bearing deposits even as they struggle for other types of deposits. Can they keep it up as rates rise?

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Hoenig steps down from FDIC; Regional banks lose deposit share

04/30/18

Vice chairman set to leave agency on Monday; big regionals are caught in the middle, losing share to both the biggest national banks and community institutions.

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John Turner to succeed Hall as Regions Bank's CEO

04/25/18

Grayson Hall has served as CEO since 2010. He will leave the post in July but remain executive chairman through the end of the year.

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New York Community reins in costs while staying below SIFI threshold

04/25/18

The company, which reported a slight decline in loans, lowered its expenses during the first quarter.

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